3 Shares That Beat the Market Today


Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on changes – just in case they’re material to our investing thesis.

The Straits Times Index (SGX: ^STI) has inched up by 0.1% to 3,317 points. Within the index’s 30 constituents, 13 had enjoyed some gains while 10 others weren’t as fortunate as they had clocked losses.

Let’s take a look at some market beaters within the index.

Telecommunications operator Starhub (SGX: CC3) is up 1% to S$4.17. The company would be releasing its second quarter results in two weeks’ time on 5 August 2014. With local competitor M1 (SGX: B2F) seeing its market share decline slightly recently, it would be interesting to find out if Starhub has managed to enhance its grip on Singapore’s telecommunications market.

South East Asia’s largest bank DBS Group Holdings (SGX: D05) has climbed by 0.7% to S$17.61. The bank had a record-breaking first quarter of 2014 when it earned a quarterly profit of S$1.03 billion, its highest ever haul. 2014 has been great for the banks so far (DBS’ local peer United Overseas Bank (SGX: U11) also earned a record quarterly profit in the first quarter of 2014), so let’s see if DBS can continue its streak when it hands in its second quarter report card on 1 August 2014.

Singapore Press Holdings (SGX: T39) has gained 0.5% to S$4.17. The newspaper publisher and property developer had announced its third quarter results last week and reported a 52.2% year-on-year dive in its profit for the quarter to S$89.6 million. Part of the drop had been due to one-off gains related to valuation changes of its properties that happened in the corresponding period a year ago.

But in any case, there are other worrying signs for Singapore Press Holdings: The company has seen its advertising revenue decline year-on-year in just about every quarter starting from the financial year ended August 2012. With adverts still being crucial to the company (it made up 58.7% of Singapore Press Holdings’ total revenue of S$917m for the nine months ended 31 May 2014), how revenue from that segment changes in the future would be worth watching for investors.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore writer Chong Ser Jing doesn’t own shares in any companies mentioned.